Educated Purchase

Southern Cross Education Institute has bought 1457 sq m of refurbished office space in North Melbourne for $3.5 million. The 155-161 Boundary Road property, which includes 18 basement car parks, was sold with vacant possession.

ICR Property Group arranged the sale pre-Christmas.

The Australian Financial Review – Thursday 21st February 2013

North Melbourne

Southern Cross Education Institute has paid $3,550,000 for a two-storey office at 155-161 Boundary Road in North Melbourne. ICR Property Group’s selling agent said the building was offered as vacant possession. Another deal up the road, at number 127-133, resulted in a two-level office/warehouse with showroom selling for $1,060,000 to a private investor.

The Age – Wednesday 20th February 2013

Corporate City Fringe Building

In North Melbourne, 155-161 Boundary Road, located north of Arden Street and South of Racecourse Group. Offered as vacant possession, the fully refurbished building comprises two levels of airconditioned offices, lift access and 18 basement car spaces.

The Age – Monday 13th August 2012